Page 73 - P6 Slide Taxation - Lecture Day 4
P. 73

22.2.1. PERSONS SUBJECT TO PROVISIONS OF S 24I?



   → S 24I(2) determines that s 24I is applicable to any:



   a) company




   b) trust carrying on a trade



   c) NP who holds a unit of currency or debt as TS



   d) NP or trust that is a party to a FEC or a FCOC









      S 24I is not applicable to non-residents,

      except a CFC (refer s 9D) unless


      the exchange item is attributable to a permanent


      establishment in SA.                                                                                             FOREIGNER
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